OVERVIEW |ELIGIBILITY & DOCUMENTATION |RATES & CHARGES |CALCULATORS |PAYMENTS| FAQ
What is a Personal Loan?
A personal loan is an unsecured loan that can be used for a variety of end uses, including medical treatment, home renovation, travel, wedding, and any other urgent financial requirement. Asha Purti’s personal loan serves multiple purposes and is available for both salaried and self-employed individuals. Life can throw up a surprise anytime in the form of opportunities or challenges. Now you need not postpone things on your bucket list! Our instant personal loan is available for salaried professionals in India at attractive interest rates and no hidden charges. You can get a Personal Loan of Rs. 50,000 up to Rs. 50,00,000 with minimal documentation and speedy approval from us. With our flexible tenors ranging up to 60 months, repay your loan at your convenience. What’s more, you can also reduce your EMIs by up to 50%* with our Flexi Personal Loan.
Disclaimer: Personal Loans are originated and serviced by Asha Purti Loans and are at its sole discretion. Terms and conditions apply.
KNOW MORE ABOUT OUR OFFERINGS
KEY FEATURES
Loan Amount
₹50,000/-
₹50,00,000/-
Loan Tenure
Till 6 years
Interest Rates starting at
9.99%
VIEW FEES AND INTEREST RATES
Advantages of Personal Loan
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Asha Purti offers Personal Loans to salaried individuals and self-employed professionals.
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Loans are disbursed within 24 hours.
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Borrow up to Rs.50 lakhs without the need to pledge any collateral.
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Easy and minimal documentation.
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Interest rate from 9.99% onwards.
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Repay your loan with ease with flexible loan repayment tenors ranging from 12 months to 72 months.
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No Collateral/Security needed
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Overdraft Facility
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Zero charges on Part Pre-Payment
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Minimal documentation
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Flexible EMI plans and many repayment options
WHEN CAN YOU TAKE A PERSONAL LOAN?
A personal loan helps you address various financial needs conveniently. Major expenses often come up without warning, so don’t let them drain all your savings. You can use this fund for a various requirements like Medical Emergencies, Used Cars, Debt Consolidation, Higher Education, Wedding Expenses or any other unforeseen needs.
PERSONAL LOAN FOR EMERGENCIES
In times of emergency, getting funds should be a hassle free experience. That’s how we have designed our Medical Loan - a loan that is easy, fast and convenient.
Disclaimer :
The EMI calculator is an indicative tool and the results may vary based on actual interest rates and the period between disbursal date and the first EMI date. Calculation results are approximate and for information purposes only.
Am I Eligible for a Personal Loan?
The eligibility criteria for personal loans at Asha Purti include
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Salaried individuals
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Students
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Retired Individuals
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Doctor
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Chartered Accountant
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The applicant must be a resident citizen of India.
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Should either be an employee of a private limited company or public sector undertaking or be gainfully self-employed.
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Must be between 21 and 60 years of age Further,
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The minimum income of the applicant should be INR 15,000/Month if residing anywhere in India.
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For Self Employed: The minimum yearly profit after tax set based on profession/industry has to be Rs. 2,50,000/-
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Years in business: Minimum 3 years with minimum 1 years in the same Business
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Business must be profit-making for the last 1 years
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To calculate your eligibility, you can use our personal loan eligibility calculator.
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If you need a Personal Loan and have a low CIBIL score of 600 you are eligible for the loan.
Documents Required For Personal Loans
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Duly filled and signed application form
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Photo Identity Proof
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KYC Documents – PAN, Aadhaar, Driving license, Voter’s ID, Passport
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Bank account statements for three months
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Salary slips for the last three months (for salaried)
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Income tax returns or form 16.
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Proof of Income / financial statements (for self-employed)
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Employment Certificate
What is the Importance of CIBIL Score for Personal Loan?
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CIBIL Score is a three-digit numeric summary of your credit history. … A CIR is an individual's credit payment history across loan types and credit institutions over a period of time. A CIR does not contain details of your savings, investments, or fixed deposits.
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The score reflects your creditworthiness, based on your borrowing and repayment history, as shared by lenders. Your CIBIL score ranges from 300 to 900 and the higher your score, the better are your chances of getting a loan approved. In fact, 79% of loans are sanctioned to consumers with a CIBIL score greater than 750 but with Asha Purti Loans we can get you approved if your score is 600+
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CIBIL score plays a decisive role in the personal loan application process. When a self-employed or salaried individual approaches a financial institution for a loan, the lender checks the CIBIL score and report of the applicant. If your CIBIL score is low, it reduces your chances of getting the loan. The score also affects your loan interest rates, tenure, amount, and EMI. The higher the CIBIL score, the better.
What is a Personal Loan EMI Calculator?
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The personal loan EMI calculator helps you calculate the EMI that you need to pay towards the principal payments and interest payment over the loan tenure. Use the EMI calculator to know how much money you can pay monthly over a period of time that’s comfortable for you. With the help of our Personal Loan EMI calculator, you can plan your monthly installments and conveniently pay off the loan.
How to Apply for a Personal Loan?
For offline loan applications:
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Visit your nearby Tata Capital branch.
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Submit the personal loan application and the required documents.
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You can also get in touch with the Asha Purti representative over a phone call.
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Offline loan applications can take a few business days to process.
For an instant personal loan application, go online:
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To get swift approval on the personal loan, apply online with the necessary details.
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Personal loan online applications are approved within minutes from submission.
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Acquire loan eligibility and furnish the required documents.
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After that, experts verify the loan application and submitted papers.
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Upon approval, the loan is sanctioned, and you receive the amount directly in your bank account.
CALCULATORS AND OTHER INFORMATION
CHECK YOUR PERSONAL LOAN ELIGIBILITY
CALCULATE YOUR PERSONAL LOAN EMI
CREATE YOUR PERSONAL LOAN PLAN
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What is a Personal Loan?A personal loan is an unsecured loan for up to 60 months. You do not need collateral to avail of funds. Salaried and self-employed individuals can apply for these loans online. You can utilize the funds for any monetary need.
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How to get an instant personal loan?Enter your mobile number correctly and then enter the OTP that is sent to your number on the online form. Provide us a few details as prompted in the loan application form. Upload the required documents such as income proof, PAN Card, etc. Click on “Submit”. You will be instantly informed whether or not you are eligible. Once your loan request is approved, your application will go through several other stages of checks. Our representative will get in touch with you through these stages in case any additional information is needed. Post loan approval, you can get the funds credited to your bank account within 30 minutes*
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How to get an instant personal loan?Enter your mobile number correctly and then enter the OTP that is sent to your number on the online form. Provide us a few details as prompted in the loan application form. Upload the required documents such as income proof, PAN Card, etc. Click on “Submit”. You will be instantly informed whether or not you are eligible. Once your loan request is approved, your application will go through several other stages of checks. Our representative will get in touch with you through these stages in case any additional information is needed. Post loan approval, you can get the funds credited to your bank account within 30 minutes*
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What is salaried personal loan?A salaried personal loan is a specially designed instant personal loan online which can be availed by salaried customers. Thus, if you are currently employed with a public or private organisation, and have a minimum salary of INR 20,000 (or INR 25,000 if you are from Delhi or Mumbai), and have worked for more than 1 year at your current organisation, you are eligible for a salaried personal loan. For more details, please visit our Personal Loan Eligibility page.
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What are the benefits of talking a Gold Loan from Asha Purti?• Customer oriented Services • Quick loan disbursal • Avail minimum loan amount of ₹1500 and no maximum limit • Pre-payment option-without any penalty • Minimal documentation • In-house gold evaluation • Prompt customer service within a shorter response time • Strong rooms for safe custody of gold ornaments
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How to get an instant personal loan?Enter your mobile number correctly and then enter the OTP that is sent to your number on the online form. Provide us a few details as prompted in the loan application form. Upload the required documents such as income proof, PAN Card, etc. Click on “Submit”. You will be instantly informed whether or not you are eligible. Once your loan request is approved, your application will go through several other stages of checks. Our representative will get in touch with you through these stages in case any additional information is needed. Post loan approval, you can get the funds credited to your bank account within 30 minutes*
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Will the documents be submitted online or offline?You can choose to submit the required documents online by uploading soft copies or walk into the branch and submit the hard copies. For customers of Asha Purti Loans who have applied for a personal loan online, you can now also send your documents via WhatsApp.
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How much personal loan can I borrow?How much you can borrow in the form of a personal loan is determined by various factors that include age, residence, ongoing loans etc. You use our free personal loan eligibility calculator to obtain an estimate of the loan amount you can borrow.
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How can I check the status of my Personal loan application?To check the status of your application, visit the official website of your loan provider, select the ‘Contact Us’ option on the homepage, select the option to track your loan application. This option will lead you to the page where you can check the status of your loan application. Enter the details asked for and obtain the required information.
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Can I foreclose or prepay my loan?Yes, you can repay your loan at any time during the loan tenure.
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How can I check the status of my Personal loan application?To check the status of your application, visit the official website of your loan provider, select the ‘Contact Us’ option on the homepage, select the option to track your loan application. This option will lead you to the page where you can check the status of your loan application. Enter the details asked for and obtain the required information.
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How much CIBIL score is required?A CIBIL score of 600 and above is considered to be healthy and can help in your loan being approved without hassle* *Conditions Apply
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How much would I need to repay each month?At the time of booking of your loan, the EMI (Equated Monthly Installments) will be calculated based on the loan amount sanctioned, interest rate and the tenure. To know more, access our free online personal loan EMI calculator today.
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What are the various charges that I can expect to pay when I borrow a personal loan?A personal loan will have the following charges associated: 1. Interest - this amount is the interest you will pay over and above the principal amount that you have borrowed 2. Processing fees 3. Insurance (in some cases only - please contact us today and speak with a customer service representative to know more) 4. Foreclosure charges (this will be applicable in case you choose to repay the loan amount before the loan tenure) 5. Late fees - this is applicable in case of any late / missed EMI payments. To know more, please visit our "Personal Loan Interest Rates" page and view the table "Fees and Charges".
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Why should you choose Asha Purti's?At Asha Purti', we value the dreams of each and every customer. We understand your needs, and strive towards providing you with the best possible solution that is tailored to your unique situation. Choose Asha Purti to get the following benefits: Instant online approval Competitive interest rates starting at 11.99%* Flexible repayment tenure between 12 - 60 months Hassle-free process Minimal documentation
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How do I Use Asha Purti's Personal Loan EMI Calculator?Asha Purti's personal loan calculator is an easy tool that can help you accurately calculate the EMI amount. Enter the loan amount that you wish to borrow Enter the interest rate between 11.99% – 36% Select repayment tenure. The instant result on the right side of the calculator will tell you the monthly EMI.
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How to calculate Personal Loan Eligibility?Below is the eligibility criteria You should be a residing citizen of India. You should be between 21 – 60 years of age You should have valid documentation as per stated requirements To know more, please see our detailed personal loan eligibility criteria. You can also use our free-of-cost eligibility calculator to know the loan amount you can borrow.
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How can I get a Personal Loan Approval?Personal Loan approval depends on how well you fit within certain pre-defined criteria. This includes details like a valid PAN card, CIBIL score, location, monthly income (for salaried customers) or yearly profit after tax (for self-employed customers) and existing monthly obligations (including existing credit card EMIs). For more details, please visit our eligibility page.
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How can I get a Personal Loan Approval?Personal Loan approval depends on how well you fit within certain pre-defined criteria. This includes details like a valid PAN card, CIBIL score, location, monthly income (for salaried customers) or yearly profit after tax (for self-employed customers) and existing monthly obligations (including existing credit card EMIs). For more details, please visit our eligibility page.
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How much Personal Loan can I get on my salary?Personal loan amount depends on many factors, such as your monthly income, your existing monthly obligations (including credit card debt), and the company's policy at the time of loan application. To know the personal loan amount you are eligible for, please feel free to use our personal loan eligibility calculator. It's free, and easy to use.
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Can I get a personal loan if I'm Self Employed?Asha Purti offers unsecured self employed personal loans up to INR 30 lakhs. However, the amount may vary depending on your individual profile and the company's policy at the time of loan application. To know more, apply now or contact us today
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How can I apply for a Personal Loan Online?You can apply for loan online with Asha Purti by clicking the "Apply Now" button on the top right corner.
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Can I get a personal loan without proof of income?To get a personal loan, proof of income documents such as audited financial statements, income tax returns, form 16, etc are necessary, as well as your bank statements. However, to get a personal loan without proof of income, you can choose to apply with a family member who has income proof. However, please note that in such cases, the loan will be in the name of the person who has income proofs, and the same person will be help responsible for making the repayment.
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How is personal loan eligibility calculated based on salary?Personal loan eligibility is calculated basically to estimate whether or not you will be able to repay the loan's EMIs. For this purpose, your monthly income (after deduction of all taxes) is considered, along with your existing monthly obligations (including credit card debt). The calculation also takes into account the personal loan rate of interest applicable to you, as well as the loan tenure. Click here to try the free online Asha Purti's personal loan eligibility calculator now!
